Vietnam’s rice exports have increased both in quantity and value this year but the country’s rice exporters aren’t jumping for joy just yet.

The credit crunch has clearly had a negative impact on property developers and banks that lend to them, resulting in a frozen real estate market.

Representatives from the IMF and the World Bank see challenges for the new government in stabilising the macro-economy over the next few years.

Bankruptcy has become an all-too-real possibility for a large number of Vietnamese enterprises, especially SMEs.